Zhao Leji chaired the closing meeting of the 14th National People’s Congress Standing Committee’s 25th session on the morning of the 6th. The committee flagged a Water Law revision as important for sustainable water use and national water security. The draft State-owned Assets Law and draft Financial Law received a second reading; drafts amending the Criminal Procedure Law and revisions to the Renewable Energy Law and the Tax Collection and Administration Law were given initial review. The commi

2026-11-06

Zhao Leji chaired the closing meeting of the 14th National People’s Congress Standing Committee’s 25th session on the morning of the 6th. The committee flagged a Water Law revision as important for sustainable water use and national water security. The draft State-owned Assets Law and draft Financial Law received a second reading; drafts amending the Criminal Procedure Law and revisions to the Renewable Energy Law and the Tax Collection and Administration Law were given initial review. The committee instructed that public comments and submissions be studied and the bills further amended. Zhao stressed the Party’s leadership over NPC work, called for unifying rule of law with party discipline, urged improvements to the anti-corruption legal framework, and directed strengthening the NPC’s supervisory role within the state oversight system.

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2026-11-06

Sichuan Provincial Development and Reform Commission issued measures to boost private investment in strategic sectors. The province will allocate provincial-budget funds equal to 30% of the approved investment when private-capital-backed firms undertake construction of major provincial science and technology infrastructure. The plan backs private participation in high-end industries and new application scenarios including AI, pharmaceuticals/health, robotics and smart manufacturing, aerospace, i

2026-11-06

U.S. one-year inflation expectations for November preliminary 4.3% vs 4.7% consensus; prior 4.70%.